Nuveen Diversified Dividend & Income Fd. (NYSE:JDD) declared a quarterly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.2175 per share on Tuesday, December 31st. This represents a $0.87 dividend on an annualized basis and a dividend yield of 7.94%. The ex-dividend date is Thursday, December 12th.
Shares of JDD traded up $0.08 during mid-day trading on Wednesday, reaching $10.96. The company’s stock had a trading volume of 38,178 shares, compared to its average volume of 41,878. Nuveen Diversified Dividend & Income Fd. has a 12-month low of $8.55 and a 12-month high of $11.26. The company’s 50 day moving average is $10.90 and its 200 day moving average is $10.83.
About Nuveen Diversified Dividend & Income Fd.
Nuveen Diversified Dividend and Income Fund is a closed-ended balanced mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors, LLC, NWQ Investment Management Company, LLC, Security Capital Research & Management Incorporated, Symphony Asset Management LLC, and Wellington Management Company LLP.
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